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Author Question: Under which of the following circumstances is collusion likely to break down? (Read 68 times)

KWilfred

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on: May 25, 2020

Question 1

Which of the following make collusion more likely?
◦ There is not a dominant firm.
◦ They are many firms in the industry.
◦ There are significant barriers to entry.
◦ They produce very different products.

Question 2

Under which of the following circumstances is collusion likely to break down?
◦ The market becomes more stable.
◦ One of the firms becomes dominant in the industry.
◦ There is a reduction in barriers to international trade.
◦ The number of firms in the industry decreases.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by KWilfred on May 25, 2020

SeanoH09

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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KWilfred

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  • Posts: 570
Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

Zebsrer

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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